Finland · Delayed Price · Currency is EUR Enersense International Oyj Earnings Call Transcripts
Fiscal Year 2025
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2025 saw a major turnaround with operating profit up EUR 30 million, improved margins, and a record order book. Strategic divestments, efficiency gains, and strong performance in Power and Connectivity segments set the stage for further growth, with 2026 EBITDA guided higher.
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Adjusted EBITDA margin for core business improved to 11.2% despite lower revenue, with a 13% year-over-year increase in order backlog and strong contract wins. Strategic refocus completed, and full-year adjusted EBITDA is guided at EUR 16–20 million.
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EBITDA improved sharply in Q2, driven by strategic refocusing and the value uplift program, despite a 9% year-over-year revenue decline. The sale of the marine and offshore unit and a growing order backlog support a positive outlook, with adjusted EBITDA guidance raised for 2025.
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A new strategy for 2025–2028 centers on a life cycle partner model, targeting 4–5% annual growth and EBIT over 5%. Focus areas include expanding recurring service revenue, digitalization, and sustainability, with a robust value uplift program and disciplined capital allocation.
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Balance sheet strengthened and core business focus sharpened, with Q1 EBITDA boosted by a major asset sale despite a 29% revenue decline. Guidance for improved core EBITDA in 2024 is maintained, and the Value Uplift Program is expected to deliver positive results from H2.